Promising to update fans soon, Rockstar said that it is currently addressing lost character progress and is balancing the in-game economy.

"We hope to have an update for you on that very soon," reads a post by Rockstar (via OXM).

"As others have mentioned here, we of course want to make sure player progress loss issues are addressed before providing everyone with their GTA$500K.

"We thank you for your understanding and patience and please stay tuned this week for more information including timing of the first GTA$ Stimulus Package deposit and the forthcoming new content such as the Beach Bum Pack, Content Creator and Heists."

In order to qualify for the compensation, players must have played GTA Online at least once during the month of October, and must install the latest update.